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in copenhagen, the status of the car has changed. people are not used to having cars anymore. they sometimes use a car and go to a car sharing club or something. it is socially acceptable to cycle. 30, 40 years ago, you would maybe be seen as a loser if he came on a bicycle, -- if you came on a bicycle, but now it is for everybody. everyone is cycling. it is not, the former generation in the 60's, denmark, they could afford to buy a car and they really enjoyed it. they wanted to show it, and all trips they made or made by cars, the the new generation has a completely different view. >> i already gave my answer during my presentation. it is everything, especially if it is business or businessmen, it is money driven. show it is comparative in cost or it is less cost for business. because if you show that, there is a discussion. >> let me ask before i go to the next question, what in your experience the you believe was the most influential and excepting the different stages of the car and its role in the city? i am sure over 40 years, your attitudes toward the automobile have changed. what do you b
. and that's the weekly buzz. for more information about any of these events, visit us at sf negotiation tv daunts org. and check us out on facebook and twitter. while you're on the web watchess on youtube for >> as you all know, the german marshall fund vehicle very kind to provide us with this -- has been very kind to provided us with this opportunity to have four of their european experts in bicycle planning, bicycle implementation and bicycle programs and they are experts on all aspects of the bicycle. and here in san francisco, you know, we are at this point trying to after a hiatus of three years because of court-ordered injunctions trying to implement our bike plan. so we all a collective goal, i believe, to increase the environmental and nick sustainability of the world around us that we participate in and especially in san francisco, but we do have a special responsibility because this place provides us with the opportunity that most other places don't. the geometry and geography of san francisco is up that it is easier for us being in a city of short trips to veil ourselves to oth
to provide us with this -- has been very kind to provided us with this opportunity to have four of their european experts in bicycle planning, bicycle implementation and bicycle programs and they are experts on all aspects of the bicycle. and here in san francisco, you know, we are at this point trying to after a hiatus of three years because of court-ordered injunctions trying to implement our bike plan. so we all a collective goal, i believe, to increase the environmental and nick sustainability of the world around us that we participate in and especially in san francisco, but we do have a special responsibility because this place provides us with the opportunity that most other places don't. the geometry and geography of san francisco is up that it is easier for us being in a city of short trips to veil ourselves to other alternatives to the car. so when we want to reclaim the street and the public right-of-way and the public realm for people and basic human needs of access to the humanities that urban environments provide, we have a better shot at than, say, other places whe
. >> and is steady as she goes, the u.s. economy is expected to keep up the recent trend of modesty of unspectacular job growth in january. >>> plus, the dutch finance minister warns of a worsening deficit this year, this after the government is forced to bail out local banks after a bailout of 3.7 million euros. >>> we kick off with the pmis out of the eurozone. january manufacturing pmi, 47.9. the flash 47.5, december manufacturing pmi was 46.1. it has boosted the euro to maintain its gaze, now back over to 1.3651 and continuing to climb high. that is now a 32-month high against the yen, as well, at 11.25965. the german manufacturing pmi was a little better, as well, this morning. helping to boost those numbers. we suggest that there's benefits from emerging markets rather than, perhaps, from elsewhere in europe. anyway, coming in better once again for the eurozone. still in contraction territory, but, of course, the trend is what is being concentrated on. we had similar indicators for two die verging views on china's recovery. eases to 50.4 for january, that was below the forecast of 5079 the. bu
societies, europe and elsewhere, though their rates of nonviolent crime and drug use are not that much different than ours. so if another country were to lock up its own people at the rate that we do, and if our rates of incarceration were more normative to the rest of the world, we would regard with that other country was doing as a massive violation of human rights. that's the way we would look at it. now, the other point here is what we're doing is not even consistent with american history. i mean, we had 500,000 people behind bars in 1980 and now we have 2.3 million, 2.4 million people behind bars and almost have 5,000 people behind bars just for a drug violation. there are as many people behind bars for a drug violation than we had for everything in 1980. it's not consistent with global standards and not consistent with our own history. it's costing a vast amount of money and i think what you see is for some of the d.a.'s and others are beginning to say enough is enough. we're seeing prison populations beginning to decline but when it comes down to the question,
enforcement here in california is in effect a war on crumbs instead of the often used phrase on drugs. how do you respond to his remarks? >> well, i think the first thing that we have to recognize is that the majority of people who are caught up in the criminal justice system and who are prosecuted for this type of offense for possession offenses and to some degree possession for sale offenses, the vast majority are indigent people and the vast majority of those indigent people are people of color. so what you have are two systems in place. you have a system where privileged white middle class people basically use drugs, college campuses, frat parties, not clubs, they use drug with impunity, they don't have to worry about being caught. then you have a system that comes down like a ton of bricks on indigent poor people and that's one of the reasons why i think this type of reform is a positive first step because if you aren't going to make drug possession illegal, at least make it a misdemeanor and not a felony. at least don't stigmatize and label an entire population of people as felons and p
westgate is away but we'll do our best without him. we have michael brown to help us through things. coming up on the program, we'll head out to hong kong where china is requiring a reinstruct during of the economy. >>> after that, of course, the super bowl wasn't just one of the on biggest sporting events of the year, it was one of the biggest days of the year for madison avenue. we'll take a look at which ads were touchdowns and were ads were fumbles. >> mariana rajoy meets angela merkel. >>> plus, upcoming elections that sylvia berlusconi has called his last great electoral and political battle. >>> the power to split up uk banks if they fail to -- activity. george osborne is expected to give the bank of england the responsibility to make sure banks are involved in these activities. you have to love the extended analogy. watch the george osborne speech live here at 10:30 local for those of you here with us in the uk. in the meantime, there are more charges at the top over at barclay's. last night, the bank's financial chief and financial chief announced their leaving. tomorrow, barclay's
-off. u.s. markets fell yesterday following the release of the fed minutes. it was the worst day of the year for the s&p and nasdaq. as you can see, shedding 108 points there, a rare triple digit decline this year. energy and material stocks were the worst hit. all ten s&p sectors did hit the day lower. volatility on the rise. the vix rose nearly 20% on this session. the sell-off has continued overnight. the shanghai composite, the australian markets taking it on the chin. will i sixuan joins us from singapore. >> thank you, kelly. fears of an early access by the fed rocks sentiment here in asia today. the nikkei pulls back 1.4% from its 52-month high. investors remain cautious ahead of the decision on the next boj chief. construction equipmentmakers were down after caterpillar reported slowing sales for the quarter ending january. but batterymaker gsyuasa reported a fix over long-term battery problems. the shanghai composite tumbled to 3% today. commodity place were under a lot of pressure today after the u.s. fomc minutes raised the possibility of a qe asset. development and ce
. siemens. answers. >>> it is time for final trade time. pete, kick us off. >> bank of america ready to break out and get towards 13. >> mtw, construction trade, i ththe going to continue to move. >> steve weiss. >> qualcomm, running a sale, time to get it if you don't own it. >> that does it for us live goldman tech conference in san francisco. "power lunch" starts now. >> hello. welcome to "power lunch." michelle caruso-cabrera. in for sue and tyler. apple ceo tim cook making big headlines. the fight with hedge fund manager david einhorn and cannibalization of the company's product. more on that fallout. >> also mead china factor, las vegas rolling out red carpet for chinese new year tourist, which casino stock stands to win big. >> "sports illustrated" swimsuit edition hits news stands today. i bet you already knew that. supermodel kate upton on the cover for the second year running. she's going to join us live here on "power lunch." we don't want to miss that. >> in the meantime, let's check the markets. we have dow 14,000 and climbing as things stand at the moment, apple is wei
and are going to have treatment. i also agree with tal, not necessarily everybody that uses drugs is an addict, and not necessarily everybody who uses drugs needs to have treatment. but having said that, people that we often come in contact with will be people who have a severe drug abuse problem and generally they also have a mental health issue problem, there are often housing problems, employment, many other problems, and that's the population we deal with often. and i think that figuring a way to have an intervention so that services are available for those that need it i think is really important. i don't necessarily agree a felony conviction is the vehicle to do so, but i think we have to make sure that as we lower the sanctions here, that we do have the tools and that we have the ability to distinguish between people that have a drug addiction problem, people that are using drugs recreationally and otherwise are a functional person. >> we're going to be taking audience questions shortly, so if you have a question, just try to get the attention of someone in the aisles. ethan, let me ask
the robbery. >> reporter: richmond police caught a young robbery suspect and his accomplices using this video and a detective apprehended suspects who beat a man at this intersection. >> i was able to identify some of the suspects from the video that was captured. >> reporter: the cameras used in both cases are part of richmond police department's closed circuit television system. there are 47 strategically placed cameras in crime hot spots across the city. they have recorded homicides in progress drug deals and stolen cars. >> they are actually mon todd by a group of retired officers that work out of our cctv room back at the police department. >> i think something of interest i can move into it. >> reporter: bill lewis is one of the retired now reinstated officers. >> i think it's great. you can be in one place and you can actually be everywhere at the same time. >> reporter: it's become an invaluable tool for officers on the street. >> i can get there before them. i can tell them what they're getting into. >> they can tell us descriptions of
line. >>> the u.s. filed a civil lawsuit against standard & poor's over alleged wrongdoing that fueled a financial crisis. >>> john kerry arrived for work at the state department. kerry was sworn in as secretary on friday. >> as the saying goes i have big heels to fill. >>> a massive fire at a lumberyard in west baltimore. firefighters were hurt when the blog collapsed. >>> dare devil alain robeir and the list of the tall buildings he's climbed. >> 99.99% of america are gun owners. would you leave us the hell alone. >> why aren't you a republican? >> how do you know i'm not? >> because obama appointed you. >> i've made jokes about you but -- >> and all that the mares. >> the public records indicate superdome officials were worried about a possible blackout months before the super bowl. >> on "cbs this morning." zbles that he how hard the city of new orleans parties, even their football stadiums blackout. captioning funded by cbs >>> welcome to "cbs this morning." we are learning new details about the end of an alabama hostage drama. fbi agents raided an
for joining us and thanks for being with us. captioned by closed captioning services, inc. >> greta: , tonight, is washington a threat to americans? now, according to a new pugh poll the answer is, yes. a majority of americans saying washington poses a threat to their personal rights and freedoms. karl rove is here to talk about that plus much more ahead. "on the record" starts right now. >> the obama administration announcing big changes for the birth control coverage for employees of some religious organizations. >> we need to provide preventative services, access to preventative services for all women and that includes contraception and we also needed to respect religious beliefs. >> it would appear to be a dramatic post election reversal by the obama administration on an issue that marked a flash point in the early electoral cycle last year which by most accounts helped the campaign galvanize voters. >> january of 2009. 8.5 million americans have left the labor force. this administration is shrinking the private sector. >> when you look at that number it as pretty low number when you consi
to be covering jobs in the market. vince reinhart will be joining us. and what is a jobs friday without a little shot of rock and roll? kansas is celebrating 40 years in the music business. it has been a very changed scene over those 40 years. we have the founding member, drummer and band manager phil e. hart. andrew, obviously, we have it all today. we do, we do. it's great to see you, becky. joe mentioned stocks are off to a very strong start this year. if you believe in the january barometer, it's a great sign for the bulls. the theory satsdz that the s&p direction in january sets the tone for the next 11 months. the s&p ridesing more than 5% for this january. the transports, by the way, even stronger with a more than 9% gain. the nasdaq also positive, up 4%. here are a few stats of note that are worth thinking about. it was the best month for the dow industrial transports and s&p 500 since october 2011. the best january for the dow industrials since 1994. it's the strongest start to the year for transports since 1991 and the largest january returns for the s&p 500 since 1997. professor jerem
for several blocks. one woman nearby told us her 16- year-old son is among a dozen people detained by police for a homicide that took place a few days ago. she questions why police didn't contact her after they detained her son, who's a minor. we saw police question at least three people, and officers say items were removed from the home. members of the s.w.a.t. team were on scene. i was told the fbi has been called to insist in this operation. police have been tight lipped about the investigation. i contacted only oakland's police chief. back here live, we can see that the police have used a robot to go into the home down there. and they said the robot indicated no one was inside. now officers are using dogs to go on the ground and search for suspects. that is the latest from here. if we have more during the newscast, we will of course bring you an update. reporting live in east oakland, amber lee, ktvu, channel 2 news. >>> police in west sacramento say one of their own is behind bars tonight, accused of sexually assaulting six women while on duty. 37-year-old sergio alvarez is currently in
you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ >>> you voted and said simon baker. >> the british accent. that's what it is. >> at least it's not the hair style. >> i don't argue with people with british accents as a rule. i think most people agree. >> oracle, i like it. >> joe? >> igt, off the casino comments. >> josh brown. >> don't sleep on this thing. >> a good trade, 8% up. >> have a great day. interesting, three hours until the market closes. see you tomorrow. >> and scott teed it up perfectly for us. a fascinate is hour here on the east coast. it is still election day in italy. now fearing gridlock, coming to rome, forcing a drop in the italian market. there you see the little slide, not so little, at the italian market. it sort of trickled over into the u.s. markets. as we countdown to march 1st deadline day for massive spending cuts out of washington. the dow was less than a hundred point from an all-time
here with us. >> reporter: showers falling, once again, into the north bay. what your morning commute might look like coming up. >>> more drama as the olympic star track returns to court. why his tearful testimony may result in a delay. >>> and a huge tree comes crashing down on a multi- million dollar house. >> reporter: we're live in palo alto where everyone who follows them online will be taken on a virtual ride along. we'll tell you why it is so important to them. >>> good morning. i'm dave clark. >> i'm tori campbell. it's tuesday, february 19th. >>> we're on stormwatch as rain returns to the bay area for the first time in two weeks. we've been covering this live for you since 4:30. we have team coverage. steve paulson is tracking the temperatures and even snow. sal castanedo is looking out for the traffic. but alex savidge shows us the conditions in petaluma. >> reporter: good morning, tori. we're seeing a brief band of showers kind of blowing through this area in petaluma, where we've been all morning long. this is highway 101. this is southbound traffic coming toward the camer
're there. emma. emma, where are you? you left us? why did you leave us? emma! hang on. hang on. look at me. i'm gonna get us some help. just hang on. thank you for not leaving me. breathe. [crying] >>> developing news tonight. the major police action underway right now, and what we've learned about the reason for this operation. good evening, everyone. i'm frank somerville. >> i'm julie haener. a major law enforcement action is underway at this hour in east oakland. we're told it involves a homicide case and the fbi is involved. we get this developing news now from ktvu's amber lee. she is live near 88th and birch. >> reporter: it is a very active scene out here. i can hear the helicopters buzzing above me, and in less than half an hour ago, we heard a loud bang go off, down the street. an officer told me, officers fired bean bags against the door of a home as a warning. as you can see, a police tactical van is lit up. it appears s.w.a.t. team members are strategizing. >> reporter: we learned this operation started at 4:00 this afternoon and police are searching a home. alameda county she
, the market. we have assembled a trio of wall street's most respected voices to join us for the next hour. we have a lot to talk about this morning. plus, there is that issue of the lights going out at the super dole last night. officials say an abnormality in the power system triggered an automatic shutdown forcing backup systems to kick in. but they weren't sure what caused that initial problem. 34 minutes that the lights were out. brian shactman will join us in just a minute for the full story. this was a super bowl to remember for a lot of reasons, not the least of which the lights going out like that. let's get out to the headlines. the dow and the s&p 500 closing friday at their highest level since 2007. the major averages posting a fifth straight week of gains. u.s. equity futures this morning, you can see, are lighter, down by about 33 points for those dow futures. s&p futures are off by about 4 1/2. but, again, the dow above 14,000 for the first time since october 2007 on friday. oil analysts are saying that trading could be choppy in the energy markets today amid growing tensions in
:00 this evening. a pickup truck carrying pool supplies overturned and authorities told us concentrated pool cleaning fluids spilled. a hazmat team came out and cleaned up the chemicals. >>> you can see the pictures after a crane tipped over, a massive steel crane toppled below. >> reporter: the coast guard tells me tonight that crane has been secured on the new power of the new bridge. the damaged beam has been taken down, a big scare but hopefully the workers are safe tonight. >> the two cranes working in tandem between them had al steel basket -- had a steel basket that was lowering the weight down. the crane shifted somehow and toppled over. >> reporter: the beam came crashing down puncturing but not sinking a barge below. john simpson took pictures as it fell skw-z -- we heard a very large crash and it started to topple over. >> reporter: a coast guard boat came over and put up a barrier around the scene. >> potentially significant safety herb issues for the operators of the crane. >> my assumption is that the contractor portion of the project has insurance and that it'll be covered t
along with joe kernen and andrew ross sorkin. we're watching the u.s. equity futures at this hour and right now it looks like there are some green arrows. you can see dow futures up by about 50 points in fair value. s&p up by just about 7. joe mentioned the oscars. he was very excited about this. if you went to bed early, here is a recap of the major winners. "argo"'s win as best picture marks the first time since "driving miss daisy" that a film won top prize without its director being nominated. ang lee was best director for "life of pi." three other wins for "life of pi" came for original score, sen ma effects and cinematography. >>> daniel day-lewis took home best actor for his role as lincoln. >>> the best actress went to jennifer lawrence for "silver lining's playbook." and best supporting actress was ann hathaway for les miserables. >>> randall stephenson will be joining us live in about ten minutes. the big news on his company today, gm is switching to at&t from verizon for on-star wireless service. that's beginning with the cars they make in 2015. >>> plus, we have a busy
have from them, that video. >> reporter: the u.s. embassy of peru has told them the pair may have then boarded a boat. >> the embase embassy believes they got on the boat for an a . amazon cruise. >> reporter: the family has set up a war room where they're mapping out all they know. >> probably the biggest thing we have access to garrett's bank records and starting january 25th all of his banking ceased. no more withdrawals. there's nothing. there is absolutely no activity. >> reporter: what has the family especially worried, warnings that kidnappers may be targeting american tourists in the peru region. friends and family are pleading for help. >> i want my son to know that i love him, that we all love him. we want them to come home safe and sound. >> when your child is missing it's really, really tough. and we need your help. >> reporter: the family tells me they're getting daily updates from the embassy in peru. they are certainly hoping that those images will lead to the couple. meanwhile, the folks here at the peddler bike shop are asking for the safe return of jamie neal an
disturbed by it. it came during hagel hearings and was politically calibrated to get the support of the u.s. senate. what can a president say? he is not going to denounce israel now? i am very suspicious of the motives of the attack. >> israel maintained the lorries they were attacking carried game changing weapons. does that make it all right? is anyone likely to criticize israel for taking this position? >> there is a lot of criticism from the middle east, and that can be expected. we have only israel's word to go on. i have seen no independent evidence to confirm what they claimed. i am sure from their perspective these surface air missiles they said they were interdicting might be a game changer, but they are only a game changer if israel is planning an attack on has the law or lebanon or further attacks on syria. -- on hezbollah or lebanon or further attacks on syria. >> he does not want another front, does he? >> i am not sure he has enough to strike back with. certainly under international law he would be in his legitimate rights to strike back. i do not think of is going to happen.
investors and ben white, chief economic correspondent at politico. also here with us is david joy. it's great to have all you guys here. phil, why has the rally stalled? >> well, we've gotten out of the gate in terrific shape here. the stock market, the s&p is up about 6% the first six weeks or so of the year. we've got a very constructive full year forecast of 1660 on the s&p, which would be a record high. but we didn't think we were going to go straight there. the reality is that we've had a terrific run. the markets are a little bit tired. you've got some washington-related news coming up over the next month or so. we would expect that this would be a perfect opportunity for, you know, a 3% to 5% pause. and i think we're starting to see that reflected -- >> up to 5% is almost the whole thing. >> well, look, a week from now, president obama is going to do his state of the union address, okay? typically the market doesn't respond well when the president talks. then we're going to start to get into some of the nitty-gritty, some of the spending issues. that would be a perfect opportun
of the u.s. senate. on nights watched key public policy this. and every week in the latest nonfiction authors and books on booktv. you can see past programs and get our schedules at our website, and you can join in the conversation on social media sites. >> the programs that we had all under -- >> we are live now as u.s. chamber of commerce is hosting a quarterly briefing today on the outlook for the u.s. economy. martin regalia, chambers chief economist will talk about recent gross domestic product figure and what policy the obama administration and congress to propose to help stimulate the economy. this is just getting under way. >> a prime example of our ability to involve experts and debates on topics that are critical to the business community. i'm going to start us off today by queuing a video from christopher giancarlo of the gfi group, our sponsor, for this series. but for some want to make a brief announcement. this series, this economic series that we pose every quarter, has been accredited by the national association of state boards of accountancy to provide continuing prof
cycling in the u.s., people say, oh, but cycling is so dangerous. and then we say, no, cycling is not dangerous. cyclists hardly ever cause accidents. cars cause accidents. cars cause facilities and in the netherlands we have the philosophy that car drivers should realize that they're in a machine that can kill. and also from that on responsibility in taking liability. if a car drives over a child on a bike, no matter what happens, he is 100% liable for whatever happens. and even in the other cases, when a car goes in the collision with an adult on a bike, still there is at least 50% liability for the car driver. and when the car driver would say, but yeah, the cyclists made a very strange movement. then we would say in the netherlands, well, you know that's about cycling. so you should reduce your speed when you see the cycling, you just can't drive on with 40 or 45 miles an hour alongside cyclists because there is always the risk that something strange happens so that's important. jurisdiction. there were initiatives to put in a code, but there was large opposition against it
>>> welcome back. our guest host told us earlier, there's a list of stocks that will double -- you know, stocks that go up, and then time. everybody's going to double eventually, i would imagine, right? when are these going to double? >> if you go back to the nifty fifty of 1973, they were two times erjs. 1999 it didn't double. the economies will grow on a global basis, 3% plus inflation. >> how many have you got? >> i picked ten in baron's, those are available if anybody wants to go on the roundtable. two that are new that weren't there, one is a company that just announced last night the results, gencorp, they bought rocket dyne, and they're closing in on that. and that business, the basic manufacturing business which has short-term hiccups will earn 3 cents or 4 cents in the next few years. significant acreage in an area called sacramento, and real estate is booming. second one is a simple one, that's called legg mason which i announced yesterday. legg mason, 164 million shares, down to 128. every day they announce two-thirds of the cash flow is going to buy back stock. great ca
morning it's monday, february 25th i'm dave clark. >> and i'm pam cook. thank you for joining us. it's warm. it will warmer. >> by the e. of the week. the end of the week looks really warm. there is no rain in sight that is for sure. temperatures 30s and 40s. still cold inland for some. weak little system there just a few high clouds. maybe patchy low clouds. 50s to mid 60s. here is sal. >>> all right. we have an injury accident in san francisco at the corner of lake mersaid and sunset. we'll tell you about 80 westbound as you drive on the east shore freeway getting busy. bay bridge also getting busier as we get after 6:00. another update soon. now back to the desk. >>> thank you, sal. we begin with developing news this morning. a coast guard is searching for four family members who we first reported missing off the san mateo county coast. ktvu tara moriarty joins us now. tara, you just got new information from the coast guard. >> yes. we just got off the phone with a coast guard. here's the thing they don't know where the people were from. there are no reports of missing people off
't have a big stomach for volatility. lee will join us in just a second apparently. hopefully he'll have time to think about that question. ryan, why don't you take it? >> i think in this environment it's in -- it depends. which one? >> ryan dieterich. >> got it. when you look at it right here, sue, we saw warning signs last week. and when you break it down, the market's had a good rally. maybe due for pullback consolidation for a few reasons. we did a study since 1999. what we found when you go from the first time it hit 10,000, 11,000. when you hit those 1,000-intervals the market does poorly the few months out. really quickly, something important. we follow activity and sentiment. if you look at the demand, it's extremely high relative to calls. what does that mean to someone listening? >> very quickly ryan. >> the last two times it was that wide, last year april and september pullbacks. wouldn't be leery here. >> all right. brian jacobson. down 216 points, up 120 on friday. clearly volatility is with us right now. what's causing it and what are you doing about it? >> sure. i think th
no, and major garrett is at the white house to sort it all out for us. >> reporter: president obama continued to warn today that budget cuts could do real economic damage but was candid about when people would notice. >> these impacts will not all be felt on day one. but rest assured, the uncertainty is already having an affect. companies are preparing layoff notices. families are preparing to cut back on expenses. and the longer these cuts are in place, the bigger the impact will become. >> reporter: one republican governor, nikki haley of south carolina, said cutting federal spending without jeopardizing key services is so easy even her two children could do it. >> how many more times are we going to have to deal with these issues over and over again because of the finger pointing and the blame game that keeps on happening in washington? what i will tell you is, we heard today a whole lot of no. >> reporter: mr. obama has endorsed a senate democratic bill that seeks higher taxes on millionaires and unspecified cuts to defense and farm programs. house speaker john boehnor afternoon
important to be here? why couldn't you do what you wanted to -- i mean, it's good for us, but why is it good for you? >> i think because here in the state states, something missing in europe is this ecosystem. we're talking about having the academy awards working hand in hand with venture capitalists, with the entrepreneur, with scientists, researchers, in order to innovate nap's really something that's missing. and, you know, replicating silicon valley is something that many, many countries have tried to do, right? the french president in the '60s tripe tried to replicate something, a place with similar weather in southern france, but it didn't work out. >> isn't there a case, though, that you could in a world there where there's a lot of virtual resource where is you may have people who are writing code for you in india or romania and you -- >> or italy. >> or italy. >> a lot of companies whose marketing and management are here while their developing centers are in italy. and i'm talking about a good friend, for example, an amazing association of entrepreneurs called mind bridge. that's th
to use that as a bargaining chip again. we saw how damaging bringing into question the credit worthyness of the government. the fight should not be should we pay the bill? >> there is an interesting question about in retrospect if republicans leveraging the debt limit to get a bill that cut spending by $1 to $2 trillion going forward whether that was worth it? they introduced liquidity risk. if you don't cut spending we're not going to vote for a debt limit increase. it worked. the president agreed to cut the spending by a significant amount. now, would you like that negotiation had resulted from not having made that threat? absolutely. but do you think it would have occurred? there's the difference. i would never be one to advocate that congress should not increase the debt limit. they should. when this came up in the summer of 2011 i wrote that and they put that in the pages of "the initial review." i was arguing against those who say let's look and creating a cash crunch. that is the wrong thing to do. congress has the ability to decide what they want to attach to the legislation. tha
that is facing us, our children, and theirs, and our house republican majority stands ready for the president and his party to join us in actually tackling the big problems facing this country. but today i'd like to focus on what lies beyond the fiscal debate. and over the next two years, our house majority will pursue an agenda that is based on a shared vision of creating the conditions of health, happiness, and prosperity, for more americans and their families. and to restrain washington from interfering in those pursuits. we'll advance proposals aimed at producing results in areas like education, health health, innovation, and job growth. our solutions will be based on the conservative principles of self-reliance, faith in the individual, trust in family, and accountability in government. our goal is to ensure that every american has a fair shot to earn success and achieve their dreams. it's my hope that i can stand before you two years from now and report you that our side, as well as the president's, found within us the ability to set differences aside in order to provide relief to so ma
here. they asked us what is going on. nobody really got the news. when they told them pope benedict xvi was redesignisignry didn't know. actually, he can, but obviously, no pope has done that for 700 years. so no wonder people are aware of that. for now on that may change the course of the catholic church in the future as well as pope benedict xvi is setting an example. if you don't have the strength to carry on let someone younger and more strength to carry on the mission. >> it certainly is a monument ool announcement. claudio, thank you very much. >>> this morning we spoke with greg burke the senior communication adviser to the holy see in rome. we began by asking him how much of a surprise this was? >> it is a surprise. i people think had fair warning. it was a few years ago in a book called "light of the world," a long interview with a german journalist. the journalist asked the pope if he would resign. and he said something interesting. in the midst of a candle and all that stuff. he said now is not the time. it's not the time to run when you're in great risk and emergency period.
but the district is considering something that could be very unpopular, charging to park. using the fees to build a packing structure or cut a parking deal with nearby businesses. the district floating the idea of adding another boat during high commute times. that is a positive dilemma but the bridge district is needing to do something and they expect a decision in the next few months. >> supporters want to rename san francisco international airport in honor of harvey milk. the supervisor last month introduced legislation to rename the airport harvey milk san francisco international. milk was the first openly gay elected official and was assassinated along with the mayor mascone in 1978. agoers say the new rally is to urge the other supervisors to support his legislation. voters may decide on the name change in november. >> we are days away from massive federal spending cuts and a new poll reveals what americans want congress to do, from bloomberg news shows 54 percent of americans want congress to delay the cuts, 40 percent say the government should go ahead and allow them to kick in. as lawmak
is still on that trip overseas and will be in paris today meeting with u.s. embassy staff. we will be right back. we have a big big hour and the iq will go way up. (vo) current tv gets the converstion started weekdays at 9am eastern. >> i'm a slutty bob hope. >> you are. >> the troops love me. (vo) tv and radio talk show host stephanie miller rounds out current's morning news block. >> you're welcome current tv audience for the visual candy. just be grateful current tv does not come in smellivision. the sweatshirt is nice and all but i could use a golden lasso. (vo) only on current tv. [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? [ music ] >> broadcasting across the nation, on your radio and on current tv, this is "the bill press show". >> and the ravens i wouldn't say upset, but they tackle the san francisco 49ers. hello, everybody. it is the big topic of the day. last night's super bowl, and this hour super "full-court press" on a monda
of the worst traffic jams in the country but things may get worse. stay right here with us. hello? the words are going this way-there's no way. oh, the lights came on. isn't technology supposed to make life easier? at chase we're pioneering innovations that make banking simple. deposit a check with a photo. pay someone with an email. and bank seamlessly with our award-winning mobile app. take a step forward... and chase what matters. >> reporter: and arrest -- an arrest has been made in a hit- and-run crash in pittsburg last night. we'll tell you how police were able to track down the accused killer. >>> america's growing debate over gun control is now taking center stage in one bay area city. >>> this could be a big day in the battle over marijuana. what's happening in washington, d.c. and here at home. >> reporter: more than $800 out of your pocket in one year all because of traffic. we'll tell you how the bay area ranked when it came to the country's most congested cities. "mornings on 2" starts now. >>> good morning. welcome to "mornings on 2." i'm dave clark. >> i'm tori campbell. it's
stepping >> hello everybody thanks for joining us this sunday morning. i'm marty gonzalez. i'm ysabel duron. we'll get to the top stories in a moment, but first, let's get right to your forecast with janu arasu. good morning. you can see plenty of sunshine here but we are looking at some areas of low clouds and fog. sunny skies into the afternoon but temperatures will be cooler than yesterday. we will not see any los seven is on the board mainly '60s. taking a look at where tempers are sitting right now about 37 degrees in santa rosa 36 in napa low fifties already in the oakland and mid-40s in redwood city. mid-60's in oakland expected today and into the north bay and '60s there as well. upper 60s expected in napa and a little bit chillier in san francisco getting up to only 62 degrees. the full forecasters coming up including showers. >> oakland police are searching for suspects this morning following a deadly shooting saturday. the shooting happened just before 5 p-m on 8th street near the west oakland bart station. you're looking at video from our helicopter partnership with abc 7 news.
it can add more snow to ski resorts. we checked with caltrans. drivers required to use chains between gold run and truckee. >> want to take a 1(v at what happened in kansas city, missouri. there is a downtown inferno. this is cause bid a car hit a gas main in an upscale shopping district?ja. the fire continues to rage police say serious injuries have been reported at this time, still not clear how many people have been hurt for if anyone died but there are dozens of firefighters and other crews that have responded to this. the building established in 1922 including shops restaurants apartments and offices we'll continue to bring updates throughout the newscast as well as nbc 7 news at 6:00. >> dan ashley is in washington, d.c. now for a very special assignment. he's the only reporter who will interview president obama tomorrow. dan joins us live with a look at what the president is dealing with today, dan? >> good evening, from washington a very busy day. if republicans and democrats cannot come up with an agreement in just 10 days, $85 billion in cuts will kick n the president invit
. >>> and also san francisco's mayor is getting ready to make a major announcement, stay with us. ñsxóxgñ almost tastes like one of jack's cereals. fiber one. uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! yeah, this is pretty good. [ male announcer ] over a third of a day's fiber. fiber one. ♪ shimmy, shimmy chocolate. ♪ shimmy, shimmy chocolate. ♪ we, we chocolate cross over. ♪ yeah, we chocolate cross over. ♪ [ male announcer ] introducing fiber one 80 calorie chocolate cereal. ♪ chocolate. >>> a man on the run from san jose police overnight is killed when he crashes into a ravine. we'll tell you what police say he did to trigger this pursuit. >>> a tragedy in country music. the death of a troubled star. >> reporter: hundreds of street lights that have been dark for years will soon be turned back in. we're live in san jose. we'll explain why. >>> new details coming out about the olympic track star charged with murder. it involves deadly gunfire and a bathroom door. "mornings on 2" begins right now. >>> well, good morning. welcome to "mornings on
transforms us and makes us new. this would be historical. the last time a pope resigned happened 600 years ago. that would be pope gregory iv in 1415. the very first pope to resign was pope clement in the year 101, 1,100 years ago roughly that the first pope resigned. many questions about whether popes in modern times think resignation is acceptable or not. pope benedict said, in fact, made it very clear that being able to resign was acceptable and made this part of the statement released from the vatican, both strength of mind and body is necessary, and lots of questions, of course. we know the date he would be stepping down, which would be february 28th. many questions about why now? mep notice that the pope is much more frail in recent months, and the question would be unbelie unbelievably unusual. let's go to nic robertson joining us by phone. nic, lots of questions. nic live in london this morning. a bit of a stunner. was there any indication that this resignation was coming? >> absolutely none whatsoever, and the last few months, the pope started a twitter account, not what you expec
. us four, we had to debate and fight and go back and forth and it was not easy. this is not unanimous. we love both of you. johnny, your journey ends here. devin, congratulations. >> ryan: devin makes it through and we have to say goodbye to johnny keyser, ladies and gentlemen. johnny, thank you very much. devin, take a stool. you did it. congratulations. >> randy: good luck, brother, good luck. >> ryan: the journey continues for curtis, eliege appall, charlie and devin plus the five ladies who made it through last night but next week a new set of 10 girls and 10 guys take the stage for more sudden-death eliminations. more "idol" from vegas rolls on next wednesday at 8:00, 7:00 central. thank you everybody for being here tonight, thank you to our judges and our talented contestants. we'll see you soon. keep it on fox. your local news is next. goodnight, america. >>> three lives come to a fiery end on the vegas strip. one was a bay area rapper, tonight we hear from his father. good evening i'm frank somerville. >> and i'm gasia mikaelian. eric rasmussen live now in our newsroom with w
encapsulates just about everything that's driving us higher, much higher than people believed possibly coming into 2013. intrigued? all right, so what did we hear today? we heard as january goes, so goes the rest of the year. we know that of the 11 times since 1950 that the s&p 500 was up more than 5% in january, like this one, we had spectacular advantage for the rest of the year, 10 out of 11 of those times. let me tell you why my super bowl indicator could foretell why we may make 2013 the 11th of 12 years we've been up big after a bountiful january. it's not if the afc wins, the market goes higher, knucklehead prognostications. we don't let that kind of thinking going on on "mad money." no, my theory's based on geographical metaphors. the first, baltimore, home of the ravens. ironically named after the raven, written by edgar allen poe, also coincidentally the author of the purloined letter. when you think of baltimore, you think of grit, of old line businesses that make things, smokestacks, yes, aging, but still powerful american industrial and manufacturing might. then there's san franc
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